55 Via Cresta, Rancho Santa Margarita, California 92688, Rancho Santa Margarita, 92688 - 1 bed, 1 bath
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55 Via Cresta
Rancho Santa Margarita, California 92688
ACTIVE
CONDITION: EXCELLENT
1Beds
1Baths
547Sq Ft
72,008Lot Size
Property Price
LIST PRICE$465,000
EST. MARKET VALUE
$442,756
5% AboveMARKET VALUE
SUMMARY
This Turnkey Condominium represents a Strong Value Opportunity, listed at $465,000—positioned well above the $442,756 Fair Market Value by 5%. While priced slightly above market, the property features a Mint Condition Rating following comprehensive modern renovations, including a new kitchen and updated flooring. Residents enjoy resort-style amenities like a pool and spa, plus proximity to top-rated schools like Trabuco Hills High. This move-in ready sanctuary is an ideal acquisition for first-time buyers or busy professionals seeking a low-maintenance lifestyle in Rancho Santa Margarita.
Estimated Market Value
$442,756
Based on Realkey algorithm analyzing recent comparable sales in Rancho Santa Margarita.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 55 Via Cresta Subject | $465,000* List Price | 1 | 1 | 547 | $809 | - |
A 43 Via Cresta Sold | $390,000 | 1 | 1 | 547 | $713 | 0.0 mi |
B 23 Via Prado Sold | $365,000 | 1 | 1 | 547 | $667 | 0.0 mi |
C 46 Picazo Sold | $485,000 | 2 | 1 | 618 | $785 | 0.4 mi |
D 59 Gaviota 158 Sold | $530,000 | 2 | 1 | 648 | $818 | 0.5 mi |
E 4 Pica Flor Sold | $405,000 | 1 | 1 | 510 | $794 | 0.4 mi |
F 65 Via Cordoba Sold | $525,000 | 1 | 1 | 709 | $740 | 0.2 mi |
G 27 Castano Sold | $430,000 | 1 | 1 | 692 | $621 | 0.4 mi |
H 23 Via Honrado Active | $450,000 List Price | 1 | 1 | 642 | $701 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property has undergone a comprehensive, modern renovation within the last 5 years. It features a brand new kitchen with new stainless steel appliances, a fully updated bathroom, new flooring, recessed lighting, and new windows. Despite the 1989 build date, the interior is in mint, move-in ready condition with no maintenance required.
PROSSTRENGTHS & OPPORTUNITIES
- Comprehensive Modern Renovations
The property is in turnkey condition featuring a brand new kitchen with new appliances, a fully updated bathroom, new flooring, and recessed lighting throughout, offering a modern aesthetic with no immediate capital expenditure required.
- Enhanced Interior Comforts
The unit includes highly desirable indoor laundry hookups and brand new windows with custom blinds, which improve energy efficiency and flood the living space with natural light.
- Resort-Style Community Amenities
Located in the Las Flores community, residents have access to premium amenities including a pool, spa, and scenic hiking trails, all while benefiting from easy access to the 241 Toll Road for commuting.
CONSRISKS & DEFICIENCIES
- Limited Square Footage
At only 547 square feet, the living space is quite compact, which may limit furniture configurations and appeal primarily to single occupants or buyers with minimal space requirements.
- Restrictive Parking
The unit is allocated only one assigned carport space, which could present a challenge for households with more than one vehicle or for those who frequently host guests.
About 55 Via Cresta
Welcome to Las Flores! This beautifully renovated condo is move-in ready and packed with modern upgrades throughout. No detail was overlooked, featuring a brand new kitchen with new appliances, a fully updated bathroom, new flooring, recessed lighting, and new windows with brand new blinds that flood the space with natural light. Fresh interior paint gives the home a clean, bright feel from the moment you walk in.Enjoy the convenience of an indoor washer and dryer, plus a charming front patio with a storage closet, perfect for outdoor relaxation or extra storage. The unit includes one assigned carport space (#141). Located in the highly desirable La Flores community, residents enjoy resort-style amenities including a pool, spa, scenic hiking trails, and a playground. With easy access to the 241 Toll Road, commuting and getting around South Orange County has never been easier.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1989
- Lot Size
- 72,008 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $324.0 / Month
Neighborhood Insights
Rancho Santa Margarita Unified Schools
Cielo Vista Elementary School
Grades K-6 • 0.3 mi
5/10
Rancho Santa Margarita Intermediate School
Grades 7-8 • 0.2 mi
7/10
Trabuco Hills High School
Grades 9-12 • 3.8 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 547 | 1,077.857 |
| Lot Size | 72,008 | 27,342.776 |
| Price | $465.0K | $691.6K |
| Price per sq ft | $850 | $631 |
| Built year | 1989 | 1990 |
| HOA | $324.0 | $466 |
| Days on market | 18 | 54 |
Pricing History
Listed for Sale
Aug 22, 2026
$465,000
Initial Listing
Sold
Jan 27, 2026
$380,000
Public Record
Sold
Jan 19, 2023
$382,000
Public Record
Sold
Dec 30, 2020
$313,000
Public Record
Sold
Mar 16, 2004
$245,000
Public Record